Odumegwu Ojukwu University honours Moghalu, ex dep gov of CBN

Chukwuemeka Odumegwu Ojukwu University in Anambra state has conferred the honorary doctorate degree of doctor of laws (LL.D.) on Kingsley Moghalu, a professor and former deputy governor of the Central Bank of Nigeria (CBN).

Fidelis Okafor, vice-chancellor of the institution, conferred the honour on Moghalu at the university’s 8th convocation ceremony, which held on Friday.

The university said it decided to honour Moghalu in recognition of his achievements in academia and scholarship.

“His statesmanship, and his contributions to Nigeria’s economic development, particularly in the banking sector during his service as Deputy Governor of the CBN, and to the Nigerian society at large through his excellent leadership qualities,” read part of the honoree’s citation.

“This remarkable and versatile man is the author of several books and hundreds of publications on development economics, international political economy, banking and finance, and international law and politics.

“He is a sought-after keynote speaker at international forums and a frequent commentator on global media including CNN, BBC World Television, Financial Times, the Washington Post, and USA Today.”

Moghalu served as deputy governor of the CBN from 2009 to 2014 and was the head of the financial system stability (FSS) directorate that implemented the apex bank’s extensive reform of the banking sector under Sanusi Lamido, former governor of the bank.

After he completed his five-year tenure at the CBN, he was appointed professor of practice in International Business and Public Policy at Tufts University, one of the premier universities in the United States, in 2015.

He is a philanthropist, and the founder of the Isaac Moghalu Foundation, a non-profit organisation that supports access to education, literacy and skills development for indigent youth in rural communities in Nigeria.

Moghalu has received several national and international honors, including the Nigerian national honor of the Officer of the Order of the Niger (OON).

Okafor also conferred Jim Nwobodo, former governor of Anambra, and Chike Onyejekwe, former managing director of Shell Nigeria Exploration and Production Company Ltd. (SNEPCO) with the honorary degree of doctor of letters (D.Litt.)  and doctor of science (D.Sc.) respectively.